Both perspectives continue what commentators are increasingly saying is the ‘real news’ in Bitcoin’s story behind its record high price.

ARK Blockchain’s Chris Burniske recently added investor confidence to the mixture, which was helping market capitalization surge. Interest in Ethereum (ETH) and Ethereum Classic has been especially influential in the trend.

The Bitcoin-gold narrative has been a current topic this year, beginning with the price of a Bitcoin surpassing that of an ounce of the precious metal for the first time.